General Partner Business Plan Resources

The Business Plan Revisited

Summary: Find out what 5 essential components you should include in your business plan and how you can develop it. READ MORE >

Article type: General Partner Business Plan Resources, General Career Advice

The Top Two Different Ways Law Firm Partners Are Compensated

• Law firm compensation can come in many forms.
• They can be raises or come in the form of holiday bonuses.
• Still, law firm compensation has changed within the last 15 years.
• Find out now what those changes are.

Article type: Law Firm Management Resources, General Getting Legal Business, General Partner Business Plan Resources

Why All Types of Lawyers (Even Litigators) Should Send Representative Matters and Deal Sheets with Their Resumes

Summary: Learn why you should make sure you have a transaction sheet included with your resume as an attorney. READ MORE >

Article type: General Partner Business Plan Resources, General Career Advice

BCG’s Comprehensive Guide for Law Firm Partners: The Must-Have Resource for All Law Firm Partners and Future Partners

Summary: With clear and proven insights on rainmaking, business plans, lateral moves and more, BCG’s Comprehensive Guide for Law Firm Partners is a must-have resource. READ MORE >

Article type: General Getting Legal Business, General Partner Business Plan Resources, Partner Employment Resources

Maximize Portables in Your Business Plan in Order to Maximize Interest in You

Summary: The following article is only concerned with one aspect of your business plan, and it is by far the single most important aspect of it: your portables. READ MORE >

Article type: General Partner Business Plan Resources

The Importance of a Great Business Plan

If you are an attorney with portable business, your business plan is even more important than your resume. When you were an associate, the first thing a potential employer looked at was your resume when deciding whether to give you an interview. Now, the first thing, and sometimes the only thing, they will look at is your business plan. It is absolutely imperative that you create a business plan that represents you accurately and advantageously. READ MORE >

Article type: Senior Attorney Resource Center, General Partner Business Plan Resources, Partner Employment Resources

How Should I Estimate My Portable Business?

Question: I am a partner who is looking to move to another firm. Can you provide some basic guidance as to how I should estimate my portable business?
READ MORE >

Article type: General Getting Legal Business, General Partner Business Plan Resources, Partner Employment Resources

Business Plans Revealed

Business Plans Revealed
READ MORE >

Article type: General Partner Business Plan Resources

As a Fourth-year Attorney Looking for a New Job, Should I Put Together a Business Plan or is It Too Premature?

Question: I'm a fourth year corporate attorney and I have just started searching for a new job because my current firm does not support my efforts in business development. I have some small clients that have been with me for a year (but nothing substantial) and potential new clients in the pipelines. Should I put together a business plan or is it too premature? READ MORE >

Article type: Making Partner at a Law Firm, General Partner Business Plan Resources

How Should I Address ''Potential Portables'' in an Interview?

For the World’s Largest Collection of Law Firm Interview Resources Click Here

Question:

I am a senior associate with some portable business. I am looking for a job in today's market with a straight base compensation, but I find that everyone just wants to talk about my potential portables (which are tentative at best) once they hear that I have some business. Is it impossible to find a normal service role today instead of a rainmaking role at my level? Should I stop mentioning my portables to potential employers, although I think that they do add something to my candidacy? I don't want an eat-what-you-kill compensation structure, but, inevitably, the conversation goes in that direction as soon as ''potential portables'' are mentioned. Help! READ MORE >

Article type: Making Partner at a Law Firm, General Partner Business Plan Resources, Partner Employment Resources

The Top Five Objections Partners Give to Preparing a Business Plan — Overruled!

I am a recruiter who believes that every candidate (partners and associates alike) should have a game plan. It's like my favorite football team — the USC Trojans. Every week, Pete Carroll and his staff develop a game plan that is tailored to the opponent of the week. It's all about undertaking the proper level of preparation that will eventually lead to success. READ MORE >

Article type: General Partner Business Plan Resources

The Second-Best Way for a Law Firm Partner to Do Business Development

Let me get this out of the way: the very best way for an attorney to acquire business is through relationships. This would include family, friends, and family friends. As a young attorney placement recruiter, I placed a visit to the Beverly Hills office of Finley, Kumble, Manley et al. based in NYC. Marshal Manley was the resident partner in charge. I met with him in his beautiful, spacious office there on Wilshire Boulevard in Beverly Hills. His office and his demeanor reminded me of the movie Wall Street with Michael Douglas. During our brief meeting, I said to Mr. Manley: ''Mr. Manley, what does it take for an associate to make partner at your firm?'' Marshal Manley said: ''Ted, tell who his father is!'' READ MORE >

Article type: General Getting Legal Business, General Partner Business Plan Resources

Your Career Is Your Business. So What's Your Business Plan?

Small and typically more self-aware groups of attorneys are approaching their careers as businesses. Regardless of whether or not they are happy with their current employers, these attorneys focus on their short- and long-term goals to ensure their careers are on course. In essence, these attorneys understand that their careers are indeed businesses, and as such, they have business plans. This article focuses on the methods used by these attorneys and provides some tips on how to make sure you are on the right career path. READ MORE >

Article type: Career Planning and Goals, Career Planning and Goals, Legal Career Advice and Options, Legal Career Advice and Options, General Partner Business Plan Resources, General Partner Business Plan Resources

Partner Business Plans: Key Elements

Every day, I receive calls from partners who are seeking to transition to new law firms. One of the first questions I ask is whether the partner has the ability to bring with him or her clients or whether there is a strong likelihood he or she will be able to develop business at a new firm via current contacts. READ MORE >

Article type: General Partner Business Plan Resources

Partner Business Plans

One of the most important steps to successfully making a move as a partner is to prepare a proper business plan that documents what you will bring to the table. As someone with a portable book, the ''flavor'' and quantity of that book plays an important role in maximizing your attractiveness to the firm or firms that you are targeting. This is true both in the early stages of job hunting and later on in the process. Executed properly, this document becomes the ne plus ultra of calling cards. READ MORE >

Article type: General Partner Business Plan Resources